The earnings call reflects a mixed sentiment. While there are significant achievements in digital growth, new restaurant openings, and strategic refranchising, these are countered by declines in same-store sales, increased labor costs due to new wage regulations, and margin pressures. The positive developments are promising but are balanced by ongoing challenges.

Company Guidance

During the JACK Fourth Quarter and Full Year 2024 Earnings Call, significant guidance was provided, emphasizing key metrics and strategic initiatives for both Jack in the Box and Del Taco brands. Darin Harris, the CEO, highlighted a 1% same-store sales growth for Q1 2025, indicating a positive start to the new fiscal year. The company aims to achieve 20% digital sales by 2027, with digital currently constituting over 14% of sales. The rollout of new POS systems is expected to cover 550 restaurants by the end of 2025, contributing to a double-digit increase in average check sizes. The company has committed $50 million towards restaurant reimaging, with 17 industrial reimages completed and 67 in the design and permitting stages. Additionally, Jack in the Box anticipates 35 to 45 new restaurant openings, with same-store sales projected to be flat to up 1% for 2025. For Del Taco, the focus remains on refranchising, with 80% of the business franchise-owned, and same-store sales expected to be approximately flat to down 1%. Overall, JACK's fiscal 2025 guidance includes adjusted EBITDA of $288 million to $303 million and operating EPS of $5.05 to $5.45, reflecting the company's strategic focus on unit growth, digital expansion, and operational improvements amidst ongoing cost pressures.

Record Restaurant Openings

Achieved the highest number of new restaurant openings in over a decade with 30 Jack restaurant openings, resulting in positive net unit growth.

Digital Sales Growth

Digital sales grew to over 14% with first-party sales increasing by 83% year over year and third-party sales up by high-single digits.

Successful Refranchising of Del Taco

Del Taco is now an asset-light business with 80% franchise ownership.

Strong New Market Performance

New restaurants in Salt Lake City and Louisville reported impressive weekly AUVs of over $90,000 and $60,000 respectively.

SG&A Cost Reduction

SG&A expenses decreased significantly from $43.7 million to $30 million year-over-year.

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Jack In The Box (JACK) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

JACK Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 19, 2025	2025 (Q1)	1.73 / -	1.95	―	―	―
Nov 20, 2024	2024 (Q4)	1.09 / 1.16	1.09	6.42% (+0.07)	―
Aug 06, 2024	2024 (Q3)	1.53 / 1.65	1.45	13.79% (+0.20)	―
May 14, 2024	2024 (Q2)	1.43 / 1.46	1.47	-0.68% (-0.01)	―
Feb 21, 2024	2024 (Q1)	1.96 / 1.95	2.01	-2.99% (-0.06)	―
Nov 21, 2023	2023 (Q4)	1.14 / 1.09	1.33	-18.05% (-0.24)	―
Aug 09, 2023	2023 (Q3)	1.34 / 1.45	1.38	5.07% (+0.07)	―
May 17, 2023	2023 (Q2)	1.22 / 1.47	1.16	26.72% (+0.31)	―
Mar 01, 2023	2023 (Q1)	1.74 / 2.01	1.97	2.03% (+0.04)	―
Nov 22, 2022	2022 (Q4)	1.36 / 1.33	1.748	-23.91% (-0.42)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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JACK Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 20, 2024	$45.18	$47.36	+4.83%
Aug 06, 2024	$52.09	$50.47	-3.11%
May 14, 2024	$51.73	$51.73	0.00%
Feb 21, 2024	$71.64	$68.11	-4.93%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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